Technology is constantly evolving. Certain trends fade away while others gain traction as large brands invest in or companies integrate them. The pace of technological change is increasing and it’s vital for companies to keep up-to-date with the latest trends to gain the M&A project management tools benefits and not fall behind.
Artificial intelligence is a popular technology trend. It is used in a myriad of business applications like voice and image recognition, smart assistants and navigation apps. The trend is likely to increase in the coming years as software and hardware advancements make it more accessible and affordable.
Blockchains and distributed ledgers are the latest big tech trend. This extremely secure method for storing and authenticating data could transform a variety of business processes. For instance, it is being used by the healthcare industry for the potential to allow secure transactions.
Biotechnology is another area ripe for disruption. AI automation, automation, and DNA sequencing are driving this revolution. The possibilities include hyper-personalized therapies, gene-therapies and genetics-based guidance on food and exercise. Businesses must evaluate their bQ or biological quotient and decide whether they want to incorporate these new technologies into their existing R&D or partner with science-based start-ups.
Drones and UAVs that are unmanned (UAV) are an additional trend to be aware of. These devices let businesses collect information and data from remote or inaccessible areas and also reduce downtime and expense.